Arch Capital Group Ltd. Announces Catastrophe Loss Estimates

PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. [NASDAQ: ACGL; “the Company”] reports that its 2020 third quarter results will be negatively impacted by a set of catastrophe events that occurred during the third quarter, including Hurricanes Isaias, Laura, and Sally, the Derecho Windstorm, California Wildfires and other minor global events. As a result, the Company has established a range of pretax catastrophe losses of $190 million to $210 million in the 2020 third quarter across i